Mitcham Financial

09/02/2026

As markets shift, diversifying portfolios beyond past winners is crucial. Explore insights from top investors on managing risks.

Investors see different risks threatening markets, but broadly agree that traders should diversify beyond recent winners.

09/01/2026

Inheriting a home can be both meaningful and complicated.

There may be memories attached to it, but there may also be taxes, repairs, insurance, family opinions, and ongoing costs to think through.

Selling, renting, or keeping the property can each have different financial and emotional tradeoffs.

If you’ve inherited property, take a step back before making a quick decision. A clear plan can help you protect the asset, reduce stress, and choose the path that makes the most sense for your future.

08/28/2026

Markets move and over time your investment mix can drift away from your original strategy. Rebalancing helps bring your portfolio back in line with your intended risk level and long-term goals.

Here is what to keep in mind:

1. Check Your Asset Allocation
Review how your portfolio is currently distributed across your preferred asset classes. If one area has grown significantly, it may be time to adjust.

2. Maintain Your Risk Tolerance
A portfolio that becomes too heavily weighted in equities may expose you to more risk than you are comfortable with. Rebalancing helps keep your risk aligned with your plan.

3. Stay Disciplined, Not Emotional
Rebalancing your portfolio to its original target allocation helps keep your investment strategy aligned with your risk tolerance and diversification goals.

4. Consider Timing
Many investors review their portfolios quarterly, annually, or after significant market movements. The key is consistency.

5. Be Mindful of Taxes and Costs
Before making adjustments, consider potential tax implications and transaction fees, especially in taxable accounts.

If you would like help reviewing your portfolio and ensuring it stays aligned with your goals, consider scheduling a conversation to take a closer look.

08/27/2026

When it comes to money, misinformation can be just as harmful as inaction. Many people make decisions based on common myths that can limit long-term progress.

Here are a few to watch for:

Myth 1: You Need a Lot of Money to Start Investing
Waiting until you have a large amount saved can delay progress. Starting early, even with smaller contributions, allows time and consistency to work in your favor.

Myth 2: More Risk Always Means Better Returns
While taking on risk is part of investing, more is not always better. A thoughtful strategy balances growth potential with your comfort level and long-term goals.

Myth 3: I Can Save More Later to Catch Up
It is easy to push saving into the future, but time is one of your greatest advantages. The earlier you begin, the more opportunity your money has to grow.

Myth 4: I Do Not Need a Plan If Things Are Going Well
A strong financial plan is not just for tough times. It helps guide decisions during periods of growth and keeps you aligned when markets shift.

Myth 5: Financial Planning Is Only for Certain Income Levels
Financial planning can be valuable at every stage. Building good habits early often makes a meaningful difference over time.

Challenging these myths can help you make more informed, confident decisions about your financial future.

08/25/2026

A lot of people chase a retirement number without stopping to understand if it’s actually needed.

Before landing on a dollar amount, it helps to get specific: what do you want your day-to-day life to look like once you stop working? Where do you want to live? How do you want to spend your time?

Not sure where to begin? Let's talk through what your retirement could look like.

08/24/2026

Financial independence means something different for everyone.

For some, it's having enough saved to stop working entirely. For others, it's having the flexibility to work because they want to, not because they have to.

There's no single definition, but there is a common thread: control over your time and your choices.

What would financial independence look like for you?

08/21/2026

When you think about retirement, what feels like the biggest unknown?

For some, it’s whether their savings will last. For others, it’s healthcare costs, taxes, or how market changes could affect their income.

A thoughtful retirement plan can help you look at these concerns together instead of treating each one separately.

If retirement is on your mind, let’s talk through what feels most important to you.

08/20/2026

Do you know how Social Security survivor benefits work?

If a spouse passes away, the surviving spouse may be eligible to receive their spouse’s benefit instead of their own, whichever is higher, starting as early as age 60 (or earlier in certain cases).

It's a detail that's easy to overlook, but it can make a meaningful difference in a surviving spouse's retirement income.

08/19/2026

Back from vacation? Now is a good opportunity to reconnect with your financial routine.

Travel expenses can sometimes stretch beyond what was planned. Taking the time to review your finances now can help you regain balance and stay on track with your goals. This is not about undoing the fun you just had. It is about making sure your financial plan continues to support both your lifestyle today and your priorities for the future.

08/18/2026

Most parents have someone in mind when they think about who would raise their kids or manage money on their behalf if something happened. What a lot of people don't realize is that without a will, those choices aren't guaranteed to play out the way they'd want.

Naming a guardian and putting a plan in place is one of the most straightforward things you can do for your family's peace of mind. If you've been putting it off, we're happy to help you get started.